Retirement plan

CLASS PRODUCE GROUP, LLC PROFIT SHARING PLAN

Name: CLASS PRODUCE GROUP LLC - CLASS PRODUCE GROUP, LLC PROFIT SHARING PLAN (2015) Form 5500
Creator: CLASS PRODUCE GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLASS PRODUCE GROUP, LLC PROFIT SHARING PLAN, CLASS PRODUCE GROUP LLC

CLASS PRODUCE GROUP LLCEIN 20-1702912Plan #001PY 2015

8477 DORSEY RUN ROAD, PO BOX 2003 - JESSUP, MD 20794410-799-5700classproduce.comLinkedIn501-1000 employeeswholesale

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$31.3M

No prior year

Total participants

603

No prior year

Average account balance

$72,319

No prior year

Annual return

-0.51%

No prior year

Benchmarks

See 1,096 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,096 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$50.94M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$130K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

392

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

79.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.77%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$182

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
PSA FINANCIAL ADVISORS, INC1+ years Filed as: PSA INSURANCE FINANCIAL SERVICES Service code 16 11311 MCCORMICK ROAD · HUNT VALLEY, MD 21031	Consulting	$12,548
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$5,032

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$18K

$31 / participant

Investment mgmt$13K71.4%
Other / not subdivided$5K28.6%

% of EOY assets

0.056%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KEITH LINDAHL CPA PLLC
Auditor EIN: 208898964
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,319

$57,096+26.7%

$94,229-23.3%

$55,191+31.0%

Participation rate

70.2%

75.7%-5.4pp

78.8%-8.5pp

69.2%+1.1pp

Annual return

-0.51%

159.65%-160.2pp

10.68%-11.2pp

10.78%-11.3pp

Employer contribution / active EE

$1,853

$1,708+8.5%

$3,587-48.3%

$1,899-2.4%

Participant deferral / active EE

$1,082

$3,165-65.8%

$4,320-75.0%

$3,046-64.5%

Admin fee / account holder

$41

$89-54.5%

$6,269-99.4%

$91-55.3%

Provider

Service type

Compensation

PSA FINANCIAL ADVISORS, INC1+ years

Filed as: PSA INSURANCE FINANCIAL SERVICES

Service code 16

11311 MCCORMICK ROAD · HUNT VALLEY, MD 21031

Consulting

$12,548

T ROWE PRICE RPS INC1+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$5,032

CLASS PRODUCE GROUP, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLASS PRODUCE GROUP, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion